Radial Power
Radial Power is a Houston-based distributed energy provider founded in 2022 as a JV between energyRe and Lotus Infrastructure Partners. It deploys solar, battery storage, and EV charging infrastructure under long-term PPAs serving large commercial and industrial real estate portfolio owners.
- Company typePrivate
- Founded2022
- HeadquartersHouston, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Radial Power does
Radial Power is a privately held distributed energy and sustainability solutions provider founded in September 2022 as a joint venture between investment affiliates of energyRe (the energy arm of Related Companies) and Lotus Infrastructure Partners (formerly Starwood Energy). Headquartered in Houston with a regional office in New York, the company deploys rooftop and ground-mount solar photovoltaic systems, battery energy storage (BESS), building-integrated photovoltaics (BIPV), community solar, and EV charging infrastructure on behalf of large commercial and industrial real estate portfolio owners. Its operations are anchored by foundational customers including Related Companies (approximately 2,000 assets) and Starwood Capital Group ($115B AUM), with named engagements also including Ares Real Estate Fund, Marq Logistics, and Austin Energy.
The company operates under a fully financed deployment model: it designs, builds, owns, and operates distributed energy assets under 20–25 year power purchase agreements (PPAs) at fixed per-kilowatt rates priced at a discount to local utility tariffs, with no upfront capital required from the property owner. Revenue streams include recurring PPA payments, tax credit monetization through structured tax equity partnerships with Bank of America, ATLAS SP Partners, and Goldman Sachs, EV charging revenue sharing with property owners, and community solar subscriber fees. Its deployed portfolio reached 214 MW across 106 projects funded primarily by a $355 million Goldman Sachs tax equity and debt facility in January 2026, layered on top of $80 million (Bank of America, December 2023) and $225 million (ATLAS SP Partners, February 2024) prior financings.
Radial Power markets an end-to-end platform covering site assessment, deployment planning, financing, construction, and ongoing operations and maintenance, supported by codified internal processes that produce deployment plans for 1,000+ asset portfolios within 45 days of initial contact. Go-to-market relies on direct enterprise field sales targeting large real estate portfolio owners, complemented by regional and national EPC channel partners, strategic technology relationships with Unirac (exclusive solar racking) and Loop (EV charging), and an operational partnership with Refuel EV Solutions managing 550+ charging ports across 100+ properties. The company has also acquired community solar portfolios from Galehead Development and Segue Sustainable Infrastructure to scale its community solar vertical.
Radial Power firmographics
Firmographics- Name
- Radial Power
- Legal name
- Radial Power
- Website
- https://radialpower.com
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Radial Power is a Houston-based distributed energy provider founded in 2022 as a JV between energyRe and Lotus Infrastructure Partners. It deploys solar, battery storage, and EV charging infrastructure under long-term PPAs serving large commercial and industrial real estate portfolio owners.
- Ownership category
- akta.pro rank
Radial Power industry classification
Industry- Product category
- Distributed Energy Services
- NAICS
- Solar Electric Power Generation (221114)
- SIC
- Electric Services (4911)
- akta.pro primary industry
- Utility-Scale Generator PPAs (Project Offtake) (EUAGADAB)
- akta.pro secondary industry
- Renewable Energy Asset Management (Solar/Wind/Hydro/Geothermal) (EUAEAMAB)
Keywords
Where Radial Power is headquartered
LocationHeadquarters
- HQ city
- Houston
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Radial Power business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Supply Chain, Personnel, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Power Purchase Agreements (PPA): Radial Power designs, finances, builds, owns, and operates commercial solar energy systems under 20 to 25-year Purchase Power Agreements at fixed prices per kilowatt, providing electricity to customers at rates below their local utility costs. The company retains ownership of the assets and assumes all operational responsibilities.
- Tax Equity Financing Monetization: Radial Power monetizes federal tax incentives (ITC, PTC) through tax equity financing structures with institutional investors like Bank of America, Goldman Sachs, and ATLAS SP Partners, enabling efficient credit monetization while advancing distributed generation assets at scale.
- EV Charging Revenue Sharing: Radial Power develops, owns, and operates EV charging stations on portfolio properties, offering profit-sharing agreements with participating property owners. Revenue generated from charging services is shared with the property owners.
- Community Solar Subscriptions: Radial Power develops community solar projects that provide long-term economic benefits to roof owners and savings to residential and commercial subscribers within the community. Revenue is generated from subscriber electricity fees.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Power Purchase Agreement (PPA) - Fixed rate solar energy |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels3 records
Radial Power product offering
Product offeringCore offering
Radial Power designs, finances, builds, owns, and operates distributed solar, battery energy storage, and EV charging infrastructure for large commercial and industrial real estate portfolio owners across the United States. The company delivers these assets under 20 to 25-year Power Purchase Agreements at fixed per-kilowatt rates, providing end-to-end services from initial assessment through long-term operations and maintenance with no upfront capital cost to the property owner.
Product overview
Radial Power provides a unified distributed energy and sustainability solutions platform serving commercial and industrial real estate portfolio owners. The company's core offerings include Solar Solutions (rooftop, ground-mount, canopies/carports, BIPV), EV Charging Solutions, Battery Storage Solutions/DER, and Community Solar programs. These solutions are delivered through turn-key integrated programs combining development, financing, ownership, and operations across a 24-month deployment timeline. Radial Power finances and operates all projects, offering customers power purchase agreements and profit-sharing arrangements without upfront capital costs.
Differentiator
Problem solved
Functional benefit
Products and services
- Solar Solutions
Quantifiable outcome
- 3,400+ metric tons of CO2 offset annually per project (Paloma Ridge)
- +3 more outcomes
Companies that use Radial Power
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles2 records
Radial Power technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Radial Power partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered strategic and core.
- Refuel EV SolutionsstrategicStrategic partnership with Refuel EV Solutions to manage Radial Power's EV charging portfolio across over 100 properties and 550+ charging ports nationwide, aiming to scale EV infrastructure and improve charger uptime and customer experience.
- Renewable AmericastrategicPartnership with Renewable America on the 4.29 MW Dos Palos solar project in California supporting low-income communities, supplying renewable power to about 1,200 homes.
- Galehead DevelopmentstrategicAcquisition of 22.3 MW community solar portfolio from Galehead Development in New York. Framework agreement includes additional 18.3 MW VDER community solar capacity. Galehead will continue managing land assets under Century LandCo.
- LoopstrategicStrategic partnership with Loop, a prominent EV charging station manufacturer and network provider, to integrate EV charging stations into Radial Power's distributed energy ecosystem with seamless technology solutions.
- UniraccoreStrategic partnership with leading solar racking manufacturer Unirac as exclusive provider of solar racking solutions for Radial Power's national portfolio. Unirac provides full system design services, site assessment capabilities and EPC collaboration to enable scaling.
Scale indicators12 records
Recent moves8 records
Expansion highlights6 records
Radial Power competitors and assessment
Company assessmentDirect peers
- Altus Power: Public C&I distributed solar and storage owner-operator; very similar business model of owning, financing, and operating solar assets at commercial customer sites with long-term PPAs, comparable tax equity and debt capital structure, and a similar focus on enterprise-grade real estate owners.
- Pivot Energy: National C&I and community solar developer that builds, owns, and operates distributed solar assets for commercial property owners and subscribers — direct overlap with Radial's solar, community solar, and PPA revenue model.
- PowerFlex: C&I solar and EV charging infrastructure provider focused on commercial real estate portfolios; competes head-to-head for the same multi-property enterprise owners and offers a comparable solar-plus-EV product suite.
- Borrego Solar: Established C&I solar developer and owner-operator that finances, builds, and maintains distributed generation systems for commercial and institutional customers across multiple U.S. states — directly comparable scale, model, and target customer.
- KDC Solar: C&I solar developer focused on designing, financing, and operating rooftop solar systems for large commercial and industrial real estate owners; overlaps with Radial's enterprise rooftop and PPA business.
Broad incumbents
- ENGIE Distributed Solar (formerly Solect Energy): Subsidiary of global utility ENGIE that develops and operates C&I solar and storage for commercial customers; competes in the same enterprise C&I segment as one of many businesses within a much larger energy platform.
- AES Distributed Energy: Distributed solar and storage arm of The AES Corporation, one of the largest competitive power platforms in the U.S.; competes for the same C&I customers with a substantially larger balance sheet and broader energy services portfolio.
- EDP Renewables North America (EDPR): Global utility-scale and distributed renewable energy developer that owns and operates solar, wind, and storage assets in the U.S., including C&I distributed solar; broader portfolio but directly comparable in distributed solar offtake and PPA structure.
Emerging players
- Catalyze: Distributed energy and storage developer focused on behind-the-meter C&I solar, battery storage, and EV charging — overlaps with Radial's BESS and EV product lines for commercial real estate and industrial customers.
- CleanCapital: Distributor and financier of mid-market distributed solar and storage projects; competes in adjacent capital-deployment markets for distributed C&I assets with a similar tax equity and structured finance model.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat6 records
Key risks6 records
Key highlights6 records
Customer concentration
Radial Power social profiles
Digital presenceRadial Power financial estimates
Financial estimateRevenue estimate
Valuation estimate
Radial Power leadership team
Management profileNumber of profiles
Profiles5 records
Radial Power funding detail
Funding detailFunding overview
Funding rounds4 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Radial Power M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Radial Power
What does Radial Power do?
Radial Power designs, finances, builds, owns, and operates distributed solar, battery energy storage, and EV charging infrastructure for large commercial and industrial real estate portfolio owners across the United States. The company delivers these assets under 20 to 25-year Power Purchase Agreements at fixed per-kilowatt rates, providing end-to-end services from initial assessment through long-term operations and maintenance with no upfront capital cost to the property owner.
Is Radial Power a public or private company?
Radial Power is a private company. It is classified as private equity controlled and is currently operating.
When was Radial Power founded?
Radial Power was founded in 2022. It employs 11 to 50 people.
Where is Radial Power based?
Radial Power is headquartered in Houston, United States, in the North America region.
How does Radial Power make money?
Four revenue lines are on record. Power Purchase Agreements (PPA) is the primary driver. The others are tax Equity Financing Monetization, EV Charging Revenue Sharing and community Solar Subscriptions.
Who are Radial Power's main competitors?
Direct peers on record are Altus Power, Pivot Energy, PowerFlex, Borrego Solar and KDC Solar. Broad incumbents are ENGIE Distributed Solar (formerly Solect Energy), AES Distributed Energy and EDP Renewables North America (EDPR). Emerging players are Catalyze and CleanCapital.
Does Radial Power have an API?
No public API is recorded for Radial Power.
What industry is Radial Power in?
Radial Power's product category is Distributed Energy Services. Its primary akta.pro industry code is EUAGADAB, Utility-Scale Generator PPAs (Project Offtake), with a secondary code of EUAEAMAB, Renewable Energy Asset Management (Solar/Wind/Hydro/Geothermal). Its NAICS code is 221114 and its SIC code is 4911.